U.S. Urges China to Be More Friendly to Foreign Investors

The U.S. is urging China to create a friendlier environment for foreign investors as well as a more open and fair trade policy, says the Wall Street Journal.

 

The Journal quotes U.S. Treasury Secretary Timothy Geithner as saying that "supporting a more open global trading system, with a fair balance of benefits and responsibilities in which countries are able to compete on a level playing field" is in the interests of both countries.

 

Geithner also called for China to strengthen its intellectual property rights laws, says the Journal. "Innovation holds the key to a more prosperous future, and innovation flourishes best when markets are open, competition is fair and strong protections exist for ideas and inventions," remarks Geithner the two-day annual Strategic and Economic Dialogue with China
Summit.

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